Durham Real Estate Investors Club
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All posts by Durham REI

When Creativity, Trumps Contractors

In 2012, my wife and I purchased our first property.  We were new to real estate,  new to hiring contractors and had only a small idea on what labour and materials may cost to begin our maiden voyage.  The property we had purchased was with a realtor through the MLS, and also happened to be […]

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Building permit sales in Whitby continue to rise

September was a positive month for building permit sales in Whitby. A total of 79 permits were sold last month, up from 73 for the same period last year. However, the construction value for those permits skyrocketed up almost 270 per cent to more than $56.6 million. Year-to-date construction value is up almost 20 per […]

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Whitby task force continues towards the goal of building a new hospital

Planning and preparations are continuing for Lakeridge Health, as it looks at the possibility of a new hospital in Whitby. Chair of the new hospital task force, Christopher White, says the need right now is great, and will become much greater as the population ages. White says their goal is to create a teaching and […]

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Number of students at UOIT has increased tenfold since school opened in 2003

Enrollment at UOIT has increased tenfold, in the ten years since its founding. The university opened its doors to 947 students in 2003, and this year welcomed 9,203 students. Registrar Victoria Choy says continued growth will be a challenge for the university as space becomes more and more limited, but adds that fast paced growth […]

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Major transit project coming to Whitby

A new transit project is coming to Whitby, that will result in several construction jobs as well as 300 to 400 full-time jobs.  Finance Minister and Whitby-Oshawa MP Jim Flaherty announced Thursday, that the Federal Government is investing $94.8-million in a GO-Transit maintenance facility, that’ll be built just off Victoria Street, just west of Thickson.  The […]

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Ajax considers development future of waterfront

The town of Ajax has acquired some new parkland at the waterfront.  The new 19 acres of land is located north of the Lake Ontario shoreline, adjacent to Ontoro Boulevard and stretching north to Range Road.  Mayor Steve Parish says looking around the world, successful cities exploit their waterfront.  He says they will layout options […]

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MPAC says it’s seen an 18 percent increase in property values in Ontario

Ontario home owners will be receiving their assessment this fall. According to the province’s Municipal Property Assessment Corporation, there’s been an 18 percent spike in the value of homes since the 2008 assessment. Chief Assessor Larry Hummel says in the GTA, the increase can partly be blamed on the influx of immigrants, as well as […]

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North Oshawa homeowners want apartment project stopped

OSHAWA — A group of Oshawa residents fear two proposed apartment buildings slated for their neighbourhood will turn out to be “monsters” and ruin their quality of life, but developers say they’re building a luxury experience for homeowners looking to downsize. At issue is a one-hectare block of land bordered by Glenbourne Drive in the […]

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Ajacians can celebrate another lakefront land purchase

Ajax continues to purchase lakefront property in the town, adding to the finest stretch of undeveloped, publicly-owned waterfront in the GTA. It’s a legacy generations of Ajacians and visitors to the town can enjoy. Whether you prefer a quiet walk along the waterfront trail or a noisy game of pick-up football, most would agree the […]

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Durham College, UOIT, Trent numbers up in 2012

DURHAM — More and more students are flocking to UOIT, Trent Oshawa and Durham College this fall. The University of Ontario Institute of Technology reports that as of Aug. 24, 2,811 first-year students have registered compared to 2,538 in the same week in 2011 — an increase of 10.8 per cent. http://www.durhamregion.com/community/education/article/1500833

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